Amplitude Stock Edges Up After Mixed Earnings and AI Launch

Shares of Amplitude Inc. moved slightly higher in late trading after the company released its latest financial results. The stock had already climbed more than 12% earlier in the day, showing strong investor interest despite mixed performance.

The results were not entirely positive. Amplitude reported adjusted earnings of 4 cents per share, missing analyst expectations of 5 cents. However, revenue reached $91.4 million, slightly beating the estimated $90.3 million.

Revenue grew 17% compared to last year, but the company is still not profitable. Amplitude recorded a net loss of $17.6 million, although that was an improvement from the $32.6 million loss a year earlier. The company also reported negative margins and return on equity, indicating ongoing financial pressure.

Amplitude develops a digital analytics platform that helps businesses understand how users interact with their websites and mobile apps. The platform tracks engagement, retention, and conversions in real time so product teams can improve their digital products.

The company’s stock price fluctuated throughout the day. It surged after Amplitude announced a new set of AI agents designed to analyze product usage and recommend improvements.

Later, the stock briefly dropped after markets closed before recovering again.

CEO Spenser Skates said these AI agents mark a new stage in analytics, helping companies enhance customer experiences by understanding behavior patterns more deeply.

Looking ahead, Amplitude gave mixed guidance. For the next quarter, it expects a small loss of one to two cents per share instead of the one-cent profit analysts predicted. However, projected revenue between $91.7 million and $93.7 million is roughly in line with expectations.

For the full year, the company expects earnings of 8 to 13 cents per share and revenue between $390 million and $398 million.

Despite the recent rise, Amplitude’s stock has struggled overall in 2026, falling about 38% so far this year, while the S&P 500 Index has slightly increased.